This edited collection examines the social nature of capitalism today, the possibilities for social and economic development in the world under the democratic leadership of the United Nations, and the middle ground between market and hierarchy occupied by gift exchange as a means of coordinating economic value creation and the creation of knowledge. It considers long term issues in the global social economy concerning gender and discrimination, intergenerational poverty transmission, and the role of ageing.
From a variety of internationally acclaimed contributors, this collection introduces new social economic perspectives on the global economy that contest the neoliberal Washington Consensus view dominant until recent financial crises.